Shore Capital reiterated their buy rating on shares of Entain (LON:ENT - Free Report) in a research report released on Wednesday, MarketBeat reports.
Other equities research analysts have also issued research reports about the company. Barclays lowered Entain to an equal weight rating and dropped their price objective for the company from GBX 1,120 ($13.94) to GBX 1,070 ($13.32) in a research note on Tuesday, February 6th. Berenberg Bank dropped their price objective on Entain from GBX 1,310 ($16.31) to GBX 1,140 ($14.19) and set a buy rating for the company in a research note on Friday, March 22nd. Finally, Jefferies Financial Group restated a buy rating and set a GBX 1,140 ($14.19) price target on shares of Entain in a research report on Friday, April 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of GBX 1,232.67 ($15.35).
View Our Latest Analysis on Entain
Entain Price Performance
LON:ENT traded up GBX 8 ($0.10) during trading hours on Wednesday, hitting GBX 814.20 ($10.14). 2,331,591 shares of the company's stock traded hands, compared to its average volume of 2,147,990. The firm has a market cap of £5.20 billion, a P/E ratio of -579.01, a P/E/G ratio of 0.92 and a beta of 1.29. Entain has a 52 week low of GBX 718.20 ($8.94) and a 52 week high of GBX 1,516.50 ($18.88). The business's fifty day simple moving average is GBX 844.85 and its two-hundred day simple moving average is GBX 896.26. The company has a quick ratio of 0.74, a current ratio of 0.56 and a debt-to-equity ratio of 134.33.
Entain Announces Dividend
The company also recently declared a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 14th will be given a dividend of GBX 8.90 ($0.11) per share. The ex-dividend date is Thursday, March 14th. This represents a yield of 1.07%. Entain's payout ratio is -1,276.60%.
Insider Transactions at Entain
In related news, insider Stella David acquired 65,000 shares of the firm's stock in a transaction dated Monday, March 11th. The shares were purchased at an average price of GBX 736 ($9.16) per share, for a total transaction of £478,400 ($595,543.38). Company insiders own 0.19% of the company's stock.
About Entain
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Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.
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